Tuscaloosa Credit Union

A short history of Tuscaloosa CU

Since its inception in 1951 the Tuscaloosa Credit Union has been serving its members in the TUSCALOOSA, Alabama area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Tommy Cobb, the Tuscaloosa CU has grown its membership to over 7,105 with assets of more than $74,404,775. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (205) 345-6043 or email them at mail@tuscaloosacu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TUSCALOOSA, AL.

General Information For Tuscaloosa CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Tuscaloosa Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Alabama CU	Huntsville Branch	851 John Wright Dr	35899	(256) 824-6518	No	0.42
Dch CU	Office	1008 Veterans Memorial Pkwy	35404	(205) 759-7317	No	0.55
Alabama One CU	Skyland East	3700 Skyland Blvd E	35405	(205) 759-1595	No	0.66
Tuscaloosa V A CU	Tuscaloosa VA Federal Credit Union	50 McFarland Blvd	35407	(205) 556-4575	No	2.34
Riverfall CU	Northport Office	1615 McFarland Blvd	35403	(205) 759-1505	No	2.51

Tuscaloosa Credit Union Financial Performance Charts

Financial Data

Tuscaloosa Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	12.00	5.95	7.95	6.00	8.00
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	411	482	626	373	475
Rank Among All Alabama Credit Unions	24	56	63	35	46

Tuscaloosa Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	N/A	0.25	0.50	1.00	1.85
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	N/A	95	60	174	60
Rank Among All Alabama Credit Unions	N/A	16	4	17	3

Tuscaloosa Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	12.000	596	1,208,030
All Other Unsecured Loans/Lines of Credit	12.000	1,463	2,706,710
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	5.950	124	2,544,470
Used Vehicle Loans	7.950	1,560	15,689,967
Total 1st Mortgage Real Estate Loans/Lines of Credit	6.000	278	17,927,358
Total Other Real Estate Loans/Lines of Credit	8.000	58	1,265,026
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	8.500	257	2,591,450
TOTAL LOANS & LEASES		4,336	43,933,011

Tuscaloosa Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	14	880,499	1	215,000
b. 15 Years or less	75	4,430,307	16	1,171,650
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	72	2,466,550	3	161,000
Adjustable Rate > 1 yr	117	10,150,002	3	277,900

OTHER REAL ESTATE

Closed-End Fixed Rate	14	335,630	1	20,640
Closed-End Adjustable Rate	4	85,434	0	0
Open-End Adjustable Rate	40	843,962	3	105,000
Open-End Fixed Rate	0	0	0	0
TOTALS	336	19,192,384	27	1,951,190

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Tuscaloosa Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	No
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes